Accel-VT sparks accelerated business growth in order to support the expanding cluster of entrepreneurs committed to climate economy innovation in Vermont. Accel-VT invites startup or seed stage ventures from Vermont and around the U.S. to apply for the climate economy business accelerator.
Participants are guided through the world-class VIRAL™ accelerator curriculum, developed by Village Capital, designed to test assumptions, expose and remediate business vulnerabilities, prepare for significant investment, and provide a platform for rapid scale. Industry expertise, a network of established climate economy enterprises, and access to growth capital are available to all Accel-VT participants.
Solving Real World Problems:
Distributed Energy Resource Integration
Accel-VT cohort members were selected based on their ability to help solve one of the most pressing electric grid issues facing the U.S. – how to integrate distributed renewable energy, efficiency, and storage technologies with the grid. They were part of a competitively selected cohort of startup or seed stage ventures working to help solve the challenges related to the monitoring and control of distributed energy (e.g., storage, electric vehicles, solar, community scale wind, combined heat and power) to improve their value while providing safe, reliable, and affordable electric service to all customers.
After three months of intense focus, camaraderie and learning we are pleased to announce the 2017 - 2018 Accel-VT cohort winners as selected by their peers. In the top spot is Emrgy Inc. of Atlanta Georgia and in a close second is A.F. Mensah of Hamilton, NJ.
On behalf of the sponsors, mentors, partners and the Vermont Sustainable Jobs Fund, we would like to congratulate all eight cohort companies on their accomplishments and look forward to to continued engagement and success!
The Climate Economy Opportunity to
Accelerate Economic Development
The undesirable fact that climate change will have a large effect on the way we all live our lives and how we interact with each other has created an opportunity for innovative entrepreneurs to develop products and services that aim to mitigate the risks and deal with the consequences of climate change.
The Climate Economy includes:
- Sensor Technologies
The resiliency of working lands businesses,as well as some segments of manufacturing, transportation planning, and community development, are also components of the climate economy.
Vermont's Business Landscape
Vermont offers entrepreneurs the opportunity to access services, networks and growth capital, in a state known for its high quality of life in an idyllic and recreational setting. The first Accel-VT cohort will be held in Burlington, the state’s largest city, which sports a vibrant entrepreneurial ecosystem supported by:
- regular entrepreneurial meetups and events
- robust technical and professional services
- like minded companies eager to help and partner
- multiple higher educational institutions
- an active lending and investment community
- growing incubation and co-working infrastructure